£376,520
This estimated value is based upon the latest sale price for the house of £272,050 on 18 Dec 2015. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £272,050 | 18 Dec 2015 |
| £235,950 | 29 Nov 2013 |
| Terraced |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for KENT to estimate the market value.
When this house was purchased in December 2015 the House Price Index for KENT was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £272,050 results in an estimated price of approximately £376,520.
| 18 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £272,050 | £104,470 | £376,520 |
The Postcode Pricing Model uses changes in average sales price within the ME9 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 44.537 % | £121,161 | £393,211 |
| 3 Month Average | 15.410 % | £41,922 | £313,972 |
| 6 Month Average | 16.606 % | £45,175 | £317,225 |